Can cheque be deposited in non home branch HDFC?

Cheques drawn on bank branches at outstation centers will be collected using inter-branch arrangements in vogue. Cheques drawn on Metro / Non-metro cities where HDFC Bank has a branch, credit will be given on receipt of clear funds.

Can I deposit other bank cheque in any branch of HDFC?

If it is your account then you can deposit money in your account in any hdfc branch all over india.

Can I deposit money in other branch of HDFC?

HDFC Bank! However, cash deposit up to Rs 25,000 per day can be deposited in non-home branch, but beyond this limit there is Rs 5 per thousand charged subject to minimum Rs 150. If you are a third-party person, then upto Rs 25,000 per day cash deposit is allowed. Such is for deposits made in home branch location.

How much time does it take to clear a cheque in HDFC?

2-3 working days
If someone issues you a cheque, you can deposit it in your HDFC Bank account, and the money will be credited after the cheque is cleared (usually 2-3 working days).

Can I cash AC payee only cheque?

It is standard practice for banks to issue chequebooks with cheques crossed ‘A/C Payee Only’ or ‘A/C Payee” but ultimately this comes down to customer choice. It cannot be cashed over the counter by the payee; it must be paid into an account in the same name as that appearing in the payee line of the cheque.

How much time does it take to clear a cheque in HDFC Bank?

What is AC payee cheque?

An account payee cheque is a type of cheque which can be deposited in the account of the payee (the party to whom the final payment is supposed to be made and whose name is mentioned on the cheque). It cannot be endorsed to anyone else.

How many days does it take to clear a cheque in HDFC?

Whenever anyone issues a cheque to you, you need to deposit that in your HDFC bank account. The money will be credited after the cheque is cleared. Generally it takes 2-3 business days for the cheque to be cleared. It may take upto 5 days sometimes depending upon the bank holidays, or errors.

What is Cheque clearing process?

Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form …

How long does it take to clear a cheque from HDFC?

If the HDFC cheque is a multi city cheque and CTS compliant and you have CTS clearing in your current location’s SBI branch then within 2–3 working days depending on what time you deposit the cheque. 3 day. If u r staying in an urban area with a clearing house of RBI, it will be presented in clearing and will be reimbursed by local branch of HDFC

How do I get a chequebook from HDFC Bank?

When you open a savings or current bank account with HDFC Bank, you will most likely receive a chequebook. Depending on the kind of account you have, you may even get a book with personalised cheques that will have your name printed on them. You must sign a cheque for it to be honoured.

How can I deposit a cheque from SBI to HDFC Bank?

You can present the cheque to a branch of SBI at your place of stay ( though your account is at other state). The SBI branch will present the cheque to HDFC through clearing on the same day , if presented before 11 a.m. The proceeds will be deposited to your account on the same day, on being paid by HDFC Bank.

How much time does it take for SBI to clear a cheque?

But if you present the cheque after 11 am, it will be presented by SBI on next day’s clearing house and the process may take two days. Hope this helps! If the cheque is at par and CTS without any restrictions of amount then it will be cleared in 3 working days.